GET IN EARLY! These 3 Stocks Will Make Millionaires By 2029

Ticker Symbol: YOU•Aug 31, 2026

Summary

Alex states that Nvidia's record earnings, with revenue up 106% year-over-year and operating income up 124%, indicate that AI spending is accelerating rapidly. He highlights that Nvidia's supply capacity commitments have more than doubled to $279 billion, signaling strong demand for memory stocks in the coming years. Alex then focuses on a significant change in Nvidia's data center revenue reporting, which now separates hyperscale from ACIE (AI clouds, industrial, and enterprise).

He emphasizes that ACIE grew faster (138% year-over-year) than hyperscale (102%), indicating that the AI buildout is broadening beyond trillion-dollar tech giants and accelerating in this broader segment. Alex specifically zeroes in on "Neoclouds"—specialized AI infrastructure providers like Coreweave, Nebius, and Iron—as a prime investment area for three main reasons:

**Diverse Customer Base:** They secure deals with a wide range of AI buyers, from startups to hyperscalers, meaning even their direct competitors are customers (e.g., Microsoft and Meta have multi-billion dollar contracts with them).

**Direct Nvidia Partnership:** Nvidia itself is directly partnered with all three, investing in them and contracting their infrastructure for internal use. This partnership significantly de-risks these companies.

**Massive Capacity Growth:** The entire Neocloud category is projected to almost triple in size, with Nvidia expecting its partners to reach 8 gigawatts of installed capacity by 2026.

Alex proceeds to analyze Coreweave, Nebius, and Iron in detail, comparing their financial health, growth, and specific market positioning. He concludes by offering tailored recommendations based on investor risk appetite and preferences for active versus contracted power capacity.

**Coreweave (CRWV)**: Alex identifies Coreweave as the clear leader in scale, possessing the most active power (1.5 GW) and the deepest revenue backlog ($14 billion, up 246% year-over-year). It benefits from a privileged relationship with Nvidia, acting as a launchpad for new chips and having Nvidia committed to buying unsold cloud capacity until 2032. Nvidia also invested $2 billion into Coreweave stock at $87 per share, which Alex notes is higher than its current trading price. However, Coreweave carries substantial net debt ($46 billion), with 25% of its revenue going to interest payments. Alex suggests Coreweave for investors seeking lower execution risk, particularly newer investors or those closer to retirement, noting it's the cheapest by active power at $62 million per megawatt.

**Nebius (NBIS)**: Alex highlights Nebius for its strongest balance sheet and fastest growth, with revenues up 454% year-over-year. It's technically advanced, receiving the latest Nvidia systems, and benefits from customer prepayments that fund 50-60% of its equipment costs, significantly reducing its reliance on high-interest loans. Nebius has a much lower net debt of $2 billion and a contracted power target of 5 GW by late 2026. While promising high growth and targeting a $7-9 billion annualized run rate by 2026, Alex notes that Nebius has a higher market cap and enterprise valuation (7.4 times its year-end run rate) compared to its peers, and its funding model involves selling stock, leading to potential shareholder dilution. Alex positions Nebius as a middle-ground option for investors comfortable with a higher valuation.

**Iron (IRN)**: Alex presents Iron, a former Bitcoin miner pivoting to AI, as the smallest and cheapest company by enterprise value ($16 billion) and contracted power ($3 million per megawatt, 7 times cheaper than Coreweave). It already possesses significant land and power contracts (5 GW pipeline) from its mining past, securing large deals with Microsoft ($9.7 billion) and Nvidia ($3.4 billion). Iron has low net debt ($1.9 billion) and low interest payments relative to its revenue (18%). Alex's top pick if he could only choose one, he believes the risk associated with its pivot from Bitcoin mining to AI is already priced in, despite its current revenue shrinking due to the transition. He recommends Iron for investors seeking the most upside, given its high growth potential from a smaller base.

Mentioned Stocks

NBIS

Sentiment: HOLDAction: RECOMMENDED

Reasoning: Alex highlights Nebius for its strongest balance sheet and fastest growth (454% year-over-year revenue increase). It's technically advanced, receiving the latest Nvidia systems, and benefits significantly from customer prepayments, which fund 50-60% of its equipment costs, reducing reliance on high-interest loans. Nebius has a much lower net debt of $2 billion. However, Alex notes that Nebius has a higher market cap and enterprise valuation (7.4 times its year-end run rate) compared to its peers, and its funding model involves selling stock, leading to potential shareholder dilution. Alex suggests Nebius as a middle-ground option for investors who are comfortable with its higher valuation and expense.

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CRWV

Sentiment: BUYAction: RECOMMENDED

Reasoning: Alex identifies Coreweave as the leader in scale with the most active power (1.5 GW) and deepest revenue backlog ($14 billion). It has a privileged relationship with Nvidia, acting as a launchpad for new chips, and Nvidia is committed to buying unsold cloud capacity until April 2032. Nvidia also invested $2 billion into Coreweave stock at $87 per share, which is higher than its current trading price, suggesting a favorable entry point. Coreweave offers the lowest execution risk and is the cheapest by active power at $62 million per megawatt. However, it carries substantial net debt ($46 billion), with 25% of its revenue going to interest payments. Alex recommends Coreweave for newer investors or those closer to retirement seeking lower risk.

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IRN

Sentiment: BUYAction: RECOMMENDED

Reasoning: Alex identifies Iron, a former Bitcoin miner pivoting to AI, as the smallest and cheapest company by enterprise value ($16 billion) and contracted power ($3 million per megawatt, 7 times cheaper than Coreweave). It already possesses significant land and power contracts (5 GW pipeline) from its mining past, securing large deals with Microsoft ($9.7 billion) and Nvidia ($3.4 billion). Iron has low net debt ($1.9 billion) and low interest payments relative to its revenue (18%). Alex's top pick if he could only choose one, he believes the risk associated with its pivot from Bitcoin mining to AI is already priced in, despite its current revenue shrinking due to the transition. He recommends Iron for investors seeking the most upside, given its high growth potential from a smaller base and favorable valuation.

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